According to CME's "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged today is 100%. The probability of the Fed keeping interest rates unchanged by June is 98.8%, with a 1.2% probability of a cumulative 25 basis point rate cut. The probability of the Fed keeping interest rates unchanged by July is 94.6%, with a 5.4% probability of a cumulative 25 basis point rate cut. The probability of the Fed keeping interest rates unchanged by September is 92.7%, with a 7.2% probability of a cumulative 25 basis point rate cut and a 0.2% probability of a cumulative 50 basis point rate cut.